SB 6187 - DIGEST

 

     Declares that no tax may be collected under this act by a county more than twenty-five years after the date that a tax is first imposed under this act.

     Declares that moneys collected under this act shall only be used for the purpose of private sector job creation or retention by financing the acquisition, construction, rehabilitation, alteration, expansion, or improvements and related costs of public facilities in rural counties.

     Provides that, notwithstanding the provisions of this act, moneys collected under this act may not be used for financing:  (1) Electrical distribution or transmission facilities on property or premises that currently take electric service from an electric utility as defined in RCW 19.29A.010;

     (2) electric distribution or transmission facilities beyond the legal boundary of an undeveloped site; or

     (3) electric generation facilities that provide electricity for use beyond the legal boundary of a development site.

     Provides no moneys collected under this act may be provided to an electric utility as defined in RCW 19.29A.010 for the purpose of funding a public facility for electricity generation, transmission, or distribution.